We consider a continuum of unemployed workers ranked according to their unemployment duration. There are two industries … a training cost, which is proportional to his unemployment duration, the training cost being larger in the high …

according to the contract. The presence of a natural turnover rate in the unionized sector creates unemployment whenever the … union wage exceeds the competitive wage. Government intervention can increase both the equilibrium amount of unemployment … amount of unemployment andthe flexibility of the labour market. …

Most of the literature on unemployment benefits assumes that they are detrimental to the search effort. However, search … is costly and the unemployment are largely finance-constrained. We here consider that search intensity depends on the …

This paper examines the impact of health status on the duration of unemployment spells and finds that individuals with … impaired health will have significantly longer unemployment spells. These longer unemployment spells will result in the stock …

facilitates an analysis of how wage setting and unemployment is affected by punishment policies, which is ignored in the previous …

This paper investigates the impact of payroll taxes on unemployment and welfare in a model with household production … and union firm wage bargaining. It turns out that unemployment, most likely, falls with a reduced payroll tax in the …